Smart contracts: the new method of interaction between the law and technology

Technology has reshaped the law. The Internet and derived technologies have led to the adaptation of traditional legal figures with the objective of bringing certainty to users and developers. A field that has been subject of constant technological development is contact law. This paper will address this scenario from the perspective of smart contracts, which allows not only a digital representation of the obligations agreed by the parties, but also the capacity to solve discrepancies to ensure operation. Finally, this joint approach offers compatibility with transactions that take place in digital scenarios, contributing to a safer and law compliant cyberspace.

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Publication Details

Journal
International Journal of Digital Law
Published
2024-12-12
DOI
https://doi.org/10.47975/digital.law.vol.5.n.2.niebla
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
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article

Smart contracts: the new method of interaction between the law and technology

Paola Jackeline Ontiveros Vázquez, Jesús Manuel Niebla Zataraín
International Journal of Digital Law
Blockchain Technology Applications and Security
article

Smart contracts: the new method of interaction between the law and technology

Paola Jackeline Ontiveros Vázquez, Jesús Manuel Niebla Zataraín
article en

Abstract

Technology has reshaped the law. The Internet and derived technologies have led to the adaptation of traditional legal figures with the objective of bringing certainty to users and developers. A field that has been subject of constant technological development is contact law. This paper will address this scenario from the perspective of smart contracts, which allows not only a digital representation of the obligations agreed by the parties, but also the capacity to solve discrepancies to ensure operation. Finally, this joint approach offers compatibility with transactions that take place in digital scenarios, contributing to a safer and law compliant cyberspace.

International Journal of Digital LawVol. 5(2)
Universidad Autónoma de la Ciudad de México (MX), Universidad Autónoma de Sinaloa (MX), Universidad Nacional Autónoma de México (MX)
Openalex Percentile: Top 50%
Blockchain Technology Applications and Security
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